Sensata Technologies Holding plc (NYSE:ST) Stock Position Decreased by AlphaMark Advisors LLC

AlphaMark Advisors LLC lowered its holdings in Sensata Technologies Holding plc (NYSE:ST) by 35.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,335 shares of the scientific and technical instruments company’s stock after selling 1,300 shares during the period. AlphaMark Advisors LLC’s holdings in Sensata Technologies were worth $64,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ST. Renaissance Technologies LLC bought a new position in shares of Sensata Technologies during the second quarter worth about $3,821,000. Canada Pension Plan Investment Board acquired a new stake in shares of Sensata Technologies in the second quarter valued at approximately $142,000. Cubist Systematic Strategies LLC raised its holdings in shares of Sensata Technologies by 61.4% during the second quarter. Cubist Systematic Strategies LLC now owns 95,918 shares of the scientific and technical instruments company’s stock valued at $3,586,000 after buying an additional 36,483 shares during the last quarter. AXA S.A. acquired a new position in shares of Sensata Technologies during the second quarter worth approximately $5,890,000. Finally, D. E. Shaw & Co. Inc. grew its holdings in Sensata Technologies by 58.1% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 668,622 shares of the scientific and technical instruments company’s stock worth $25,000,000 after buying an additional 245,670 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on ST shares. The Goldman Sachs Group reduced their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Robert W. Baird decreased their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Oppenheimer dropped their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Stifel Nicolaus decreased their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Finally, TD Cowen dropped their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $39.58.

Sensata Technologies Trading Down 1.5 %

NYSE:ST opened at $28.65 on Monday. The stock has a fifty day simple moving average of $29.39 and a 200 day simple moving average of $33.82. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of -53.06, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24. Sensata Technologies Holding plc has a 1-year low of $26.65 and a 1-year high of $43.14.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm had revenue of $982.80 million during the quarter, compared to analyst estimates of $983.93 million. During the same quarter last year, the business posted $0.91 EPS. The company’s revenue was down 1.8% on a year-over-year basis. Sell-side analysts forecast that Sensata Technologies Holding plc will post 3.44 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is currently -88.89%.

Sensata Technologies Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.